Key facts, as of
As of October 8, 2026, Extra Space Storage (EXR) trades at $131.70, down 7.8% over the past year. Its 52-week range runs from $125.71 to $158.88; the price is 17.1% below that high. It is 42.4% below its all-time high of $228.84, reached in December 2021. Over the 10 years to the end of September 2026, with dividends reinvested, it returned +142.4%, against +312.9% for the S&P 500 (SPY). It sits 7.1% below its 200-day average of $141.78, the usual sign of a long-term downtrend. Its 30-day volatility is 20.1% annualized, which we rate medium risk. It has a trailing P/E of 29.1 and a dividend yield of 4.92%.
Cite: Portfolio Terminal, "Extra Space Storage (EXR) stock analysis", 2026-10-08. https://portfolio-terminal.com/analyse/exr
Where it trades today
trading 18% of the way up its 52-week range
How the price has moved
How far it is from its record
Extra Space Storage (EXR) is 42.4% below its all-time high of $228.84, reached in December 2021. Over the 10 years to the end of September 2026, with dividends reinvested, it returned +142.4%, against +312.9% for the S&P 500 (SPY).
What to weigh before acting
What Matters Now
- Financing conditions, occupancy, and asset repricing are the main levers behind upside or downside from here.
- EXR trades at 29.1x earnings versus 35.0x for the sector, which means the rerating case depends on proving the discount is too harsh.
- EXR carries a beta of 1.17, which means the stock should be judged on how it affects total portfolio swings, not just on standalone upside.
- EXR remains in a bearish short-term trend and sits 17.1% below its high, which raises the bar for any thesis that depends on fast multiple expansion.
Portfolio Use Case
- EXR is more relevant for investors who want some income support alongside price appreciation, not just pure growth exposure.
- This name works better as a satellite or higher-conviction growth position because it can amplify market swings in both directions.
- This page is most useful for deciding whether the stock deserves a permanent slot in the portfolio or just a place on the watchlist.
What Would Change the View
- A recovery in price alone would not be enough to improve the view; the thesis needs confirmation from improving business or valuation signals.
- Volatility is already above the sector norm, so even a correct long-term thesis can be painful if the position size is too aggressive.
- The view would need revisiting if peers such as PLD, EQIX start winning the marginal flow or posting cleaner operating momentum.
Methodology
- Price, market cap, beta, yield, and liquidity fields for EXR come from Yahoo Finance quote and summary data.
- 30-day volatility is calculated from recent daily returns and annualized using a 252-trading-day convention.
- Sector context uses stored benchmark averages for Real Estate so each page compares the ticker against a stable peer baseline rather than against the whole market.
- Peer comparisons use the Portfolio Terminal coverage set and highlight nearby listed alternatives such as PLD, EQIX.
Sources
- Yahoo Finance quote dataopen →
Live quote, valuation, beta, yield, and volume fields used for EXR. Last refresh: Oct 8, 2026, 10:10 AM.
- Portfolio Terminal methodologyopen →
Explains how analytics, refresh cadence, and portfolio interpretation work across the product.
- Peer set and coverage context
Comparative context for this page is anchored around nearby tracked names such as PLD, EQIX.
What Extra Space Storage does
Extra Space Storage Inc., headquartered in Salt Lake City, Utah, is a self-administered and self-managed REIT and a member of the S&P 500. As of June 30, 2026, the Company owned and/or operated 4,410 self-storage stores in 42 states and Washington, D.C. The Company's stores comprise approximately 3.0 million units and approximately 341.0 million square feet of rentable space operating under the Extra Space brand. The Company offers customers a wide selection of conveniently located and secure storage units across the country, including boat storage, RV storage, and business storage. It is the largest operator of self-storage properties in the United States. Extra Space Storage Inc. was…
Employees
8,393
Industry
REIT - Industrial
Headquarters
Salt Lake City, United States
What analysts expect
EXR carries a buy consensus from 20 analysts, with an average price target of $158.25 versus $131.70 today (+20.2%). Targets are estimates and can move quickly after earnings.
Consensus aggregated by Yahoo Finance. Targets are estimates, not forecasts.
How the business is doing
EXR generated $3.51B in trailing revenue (3.8% year over year), with a 27.3% net margin, and $1.50B of free cash flow, against $13.72B of net debt.
The numbers, year by year
| Fiscal year | Revenue | Gross profit | Operating income | Net income | EPS | Free cash flow |
|---|---|---|---|---|---|---|
| 2025 | $3.38B | $2.39B | $1.49B | $974.00M | $4.59 | $1.83B |
| 2024 | $3.26B | $2.35B | $1.40B | $854.68M | $4.03 | $1.87B |
| 2023 | $2.56B | $1.89B | $1.24B | $803.20M | $4.74 | $1.39B |
| 2022 | $1.92B | $1.46B | $1.04B | $860.69M | $6.41 | $1.22B |
When it reports next
Estimates aggregated by Yahoo Finance. Dates move and estimates change until the report lands.
Which ETFs hold it
EXR is in 6 of the 30 ETFs we track. It weighs most in VNQ: 1.57% of the fund, holding #15 of 140.
How it sits in real estate
REITs and real estate companies offering income through property investments.
The companies it competes with
EXR beside the real estate names it is usually measured against.
What the chart is saying
In a downtrend, with $128.52 the next floor.
downtrend- Price is 6.8% below its 50-day average and 7.1% below its 200-day.
- The 50-day crossed below the 200-day on 2026-10-06 (a “death cross”).
- RSI at 37 is neither stretched nor washed out.
- The nearest ceiling is $135.09 (+2.6%), the nearest floor $128.52 (-2.4%).
A description of the chart, not advice. Indicators describe what the price has done; none of them knows what it does next.
Questions people ask about it
Is EXR a good investment in 2026?
Extra Space Storage trades at a P/E ratio of 29.1, with medium volatility (20.1% annualized). Recent trend shows weakness.
What is the risk level of EXR?
Based on 30-day volatility of 20.1%, EXR has MEDIUM risk. Beta of 1.17 indicates higher sensitivity to market movements than average.
Does EXR pay dividends?
Yes, Extra Space Storage has a dividend yield of 4.92%.
How far is EXR from its all-time high?
Extra Space Storage is 42.4% below its all-time high of $228.84, reached in December 2021. Over the 10 years to the end of September 2026, with dividends reinvested, it returned +142.4%, against +312.9% for the S&P 500 (SPY).
Which ETFs hold EXR?
6 of the 30 popular ETFs we track hold Extra Space Storage. The largest weights: VNQ (1.57%), VTV (0.11%), VOO (0.05%), SPY (0.04%) and IVV (0.04%). Measured on each issuer's full holdings file, dated August 31 to September 24, 2026.
How much of VOO is EXR?
0.05%, as of August 31, 2026: EXR is holding #312 of 505 in Vanguard's file for VOO. $1,000 in VOO puts about $0.45 in Extra Space Storage.
What is the analyst price target for EXR?
The average analyst price target for Extra Space Storage (EXR) is $158.25 based on 20 analyst estimates, about 20.2% above the current price of $131.70. The published range runs from $140.00 to $178.00.
How much revenue does EXR generate?
Extra Space Storage reported $3.51B in trailing twelve-month revenue. Revenue growth is running at 3.8% year over year. Net margin sits at 27.3%. Figures are aggregated from company filings by Yahoo Finance and refresh on an hourly cadence.
Compare EXR with anything
Five years side by side: what $10,000 became, how far each fell, whether they move together.